New laws go into effect

The next round of state lawmaking is coming up soon, but Wyoming is not quite done introducing the new laws that were placed on the books during the 2021 Legislative Session. Several changes came into effect as the year began, with others due to become law later in the 2022.

Enrolled Act 67 provides an exemption on property tax for de minimis business property. If a person owns $2400 or less of business property in one county, it is to be considered exempt.

The act also creates a civil fee of $5 per day (up to $250) for failing to report that property to the county assessor, instead of the pre...